SME business loan - REPO /export/
Loan product to support small and medium enterprises and enterprises operating in the non-mining export sector.
|
SME BUSINESS LOAN - REPO |
TERMS |
|---|---|
|
Maximum amount /securitization/ |
Up to 3 billion MNT |
|
Interest rate /annual/ |
10.50% /Repo trading interest + up to 4%/ |
|
Period /monthly/ |
Up to 2 years |
|
Service fee |
1% on loan amount or a maximum MNT 1.5 million |
|
Increased interest |
Equivalent to 20% of interest rate |
|
Application fee |
10,000 MNT |
|
Grace period |
More than 6 months /At least 6 months/ |
|
Other |
Other requirements and conditions of the Bank of Mongolia |
|
Reference fee /Loan database/* |
Corporate - 1,000 MNT |
*Effective from January 01, 2022.
Loan product to support small and medium enterprises and enterprises operating in the non-mining export sector.
|
SME BUSINESS LOAN - REPO |
TERMS |
|---|---|
|
Maximum amount /securitization/ |
Up to 3 billion MNT |
|
Interest rate /annual/ |
10.50% /Repo trading interest + up to 4%/ |
|
Period /monthly/ |
Up to 2 years |
|
Service fee |
1% on loan amount or a maximum MNT 1.5 million |
|
Increased interest |
Equivalent to 20% of interest rate |
|
Application fee |
10,000 MNT |
|
Grace period |
More than 6 months /At least 6 months/ |
|
Other |
Other requirements and conditions of the Bank of Mongolia |
|
Reference fee /Loan database/* |
Corporate - 1,000 MNT |
*Effective from January 01, 2022.
Employment support loan
|
EMPLOYMENT SUPPORT LOAN |
TERMS |
|---|---|
|
Maximum amount /securitization/ |
Up to 500 million MNT |
|
Interest rate /annual/ |
3% |
|
Period /monthly/ |
Up to 36 months |
|
Service fee |
1% on loan amount or a maximum MNT 1.5 million |
|
Increased interest |
Equivalent to 20% of interest rate |
|
Application fee |
10,000 MNT |
|
Other |
Other requirements and conditions of the Bank of Mongolia |
|
Reference fee /Loan database/* |
Private - 1,000 MNT |
